GBPJPY RETRACE TIME !!!hello friends
As you can see we had achieve all of our given Targets as we sent perdition in our previous analysis on this pair in this bull run... now its time to retrace some pips so if we see the Fib retracement its a easy target till design levels with a very low risk and higher rewards Friends its just a trade idea share ur thoughts with us Stay Tuned for more updates
have a look on attached chart our previous analysis
Gbpjpyreview
GBPJPY AnalysisWe got stopped out after price printed a pin bar rejection against the trade. Should have gotten out of the trade but was hoping for a miracle. Always market over mind
Honestly, was looking to enter a short at retracement, should have worried about the present instead.
Meanwhile on 4H
Unto the next trade
GBPJPY ANALYSIS 15 - 19 FEBANALYSIS
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DAILY TF: BIG BULLISH MOMEMNTUM CANDLES
4HR TF: BREAK OF RECENT HIGHER HIGHS
1HR: BREAK OF A RECENT HIGHER HIGHS
PLAN OF ACTION
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- WAIT FOR RETRACEMENT/ CORRECTION PHASE ON THE 1HR & OR 5MIN TF TO COMPLETE BEFORE TAKING BUYS
- IF OPPORTUNITY PRESENTS ITSELF, WE CAN TAKE THE ANTI-TREND SELL TRADES
- CHECK ASIA & LONDON SESSIONS FOR BREAKOUT OF THE CORRECTION PHASE
ENTRY REASON
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- BREAK OF CORRECTION PHASE
STOP LOSS @ TO BE DETERMINED AFTER CORRECTION
TAKE PROFIT @ NEXT ZONE